financial planning

Financial planning

Australia’s older workers at risk of automation

While the country ranks well in terms of resilience in ageing and automation as a whole, it is older workers that could be in danger of their ability to finance their lon...

Financial planning

NAB names WSU as preferred education provider

National Australia Bank has selected Western Sydney University as its preferred provider for two of their FASEA-approved courses....

Financial planning

Grandfathering end hurts advisers not product providers

Legislation has moved through Parliament to end adviser grandfathered remuneration with the Association of Financial Advisers arguing that there was no balanced consultat...

Financial planning

Don’t turn off grandfathered commissions early says AFA

Financial services product providers have been urged not to move ahead of the Government’s January, 2021, timeframe in turning off grandfathered commissions....

Financial planning

FPA/AFA unity credited with FASEA exam extension

The united approach adopted by the Financial Planning Association and the Association of Financial Advisers has been credited with achieving the extension of the Financia...

Financial planning

Advice remediation drags down IOOF profit

Advice remediation costs have dragged down IOOF’s profit but the company remains open to new advice acquisitions....

Policy & Regulation

ASIC waves big stick on adoption of regtech

The Australian Securities and Investments Commission has told financial planning firms it expected them to “keep up” with the implementation of regtech....

Financial planning

PlanPlus announces global financial planning awards winners

Australian Paul Greenwood has taken out the 2019 PlanPlus Global Financial Planning Award for Europe/Australia....

Financial planning

Gen Z and Y would value time with a financial planner

Data from the FPA shows an overwhelming majority of Gen Y and Gen Z would be interested in spending more time with a financial planner....

Financial planning

Industry fund scaled advice still rankles

Some financial planners believe industry funds are utilising scaled advice services to gain an advantage....

Financial planning

Women undervalue life insurance worth

Women underestimate their life insurance value by 125 per cent ($373,000), while men underestimate it by only 19 per cent ($97,000), on average, according to a study from...

People & Products

Financial planner makes latest acquisition

Financial planning firm Eureka Whittaker Macnaught has acquired Parramatta-based financial adviser Warren McHattan....

Financial planning

Xplore Wealth exits Queensland financial planning business

Xplore Wealth has announced the sale of its 50 per cent stake in Queensland financial planning business McGregor Wealth Management....

Financial planning

FPA confirms CFP sign-ups have taken hit

The Financial Planning Association has confirmed the inevitable hit on the Certified Financial Planner designation resulting from the Financial Adviser Standards and Ethi...